THEBUSINESSBYTES BUREAU
BHUBANESWAR, SEPTEMBER 26, 2025
Hindustan Copper Ltd. (HCL), the Miniratna CPSE under the Ministry of Mines, Government of India, showcased robust growth and strategic vision at its 58th Annual General Meeting (AGM) held virtually from Kolkata today.
Welcoming the members, Chairman & Managing Director Sanjiv Kumar Singh highlighted the global and Indian copper market trends, HCL’s operational and financial performance, expansion plans, and social and environmental initiatives. The company recorded its highest-ever Revenue from Operations of Rs 2,070.97 crore in FY 2024-25, marking a 21 per cent year-on-year increase from Rs 1,717.00 crore in FY 2023-24. Profit After Tax (PAT) surged 42 per cent to Rs 468.53 crore from Rs 295.41 crore in the previous fiscal, reflecting strong operational efficiency and strategic growth.
In recognition of this performance, the Board recommended a dividend of 29.20% on paid-up capital, translating to Rs 1.46 per share on a Rs 5 face value, subject to shareholder approval.
The AGM witnessed the participation of key officials including Sanjiv Kumar Singh, Chairman & Managing Director; Dr. Sanjeev Kumar Sinha, Director (Operations) & Director (Mining) – Additional Charge; R.V.N. Vishweshwar, Director (Finance); and Government Nominee Directors Shakil Alam and Dr. Ashish Saxena via video conferencing. Avinash Janardan Bhide, Independent Director, Mritunjay Kumar Dev, Company Secretary & Compliance Officer, and Bappa Dey, Under Secretary, Ministry of Mines, attended alongside 81 other members.
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